PlasmaTech Correlations

The correlation of PlasmaTech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PlasmaTech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in PlasmaTech Stock please use our How to Invest in PlasmaTech guide.

Related Correlations Analysis

	ASUR	UBER	HTB	HIW	STSFF	NTSGF	MHO	BXP
ASUR		0.66	0.7	0.41	0.6	0.27	0.7	0.27	ASUR
UBER	0.66		0.89	0.75	0.75	0.5	0.75	0.49	UBER
HTB	0.7	0.89		0.79	0.87	0.58	0.81	0.62	HTB
HIW	0.41	0.75	0.79		0.85	0.85	0.54	0.88	HIW
STSFF	0.6	0.75	0.87	0.85		0.75	0.66	0.75	STSFF
NTSGF	0.27	0.5	0.58	0.85	0.75		0.35	0.86	NTSGF
MHO	0.7	0.75	0.81	0.54	0.66	0.35		0.39	MHO
BXP	0.27	0.49	0.62	0.88	0.75	0.86	0.39		BXP
	ASUR	UBER	HTB	HIW	STSFF	NTSGF	MHO	BXP

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Risk-Adjusted Indicators

There is a big difference between PlasmaTech Stock performing well and PlasmaTech Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze PlasmaTech's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ASUR	2.00	(0.03)	0.00	0.11	2.17	(2.35)	4.86	(3.94)	11.91
UBER	1.64	0.20	0.13	0.33	1.40	(2.08)	4.19	(2.54)	10.87
HTB	1.12	0.18	0.13	0.34	0.96	(1.28)	2.77	(2.00)	5.84
HIW	1.02	0.10	0.05	0.27	1.04	(1.12)	2.10	(2.38)	5.40
STSFF	0.04	0.01	0.00	1.05	0.00	0.00	0.00	0.00	0.43
NTSGF	1.16	0.42	0.00	(1.29)	0.00	0.00	2.33	0.00	37.95
MHO	1.75	(0.08)	(0.01)	0.08	2.07	(1.71)	3.96	(3.52)	9.75
BXP	1.25	0.03	0.02	0.16	1.60	(1.25)	3.22	(2.18)	9.39

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PlasmaTech Correlations

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